The Residences at Jefferson Place in Downtown White Plains NY.

Jefferson place is a new and very desirable complex located in downtown White Plains. The complex spans an entire square block between Livingston Ave and Rutherford Ave in White Plains NY.  The side facing Mamaroneck Ave is an eight-story urban mid-rise with a sophisticated brick façade. The Greenridge Ave  side of the complex  is built in low rise “town house” style which is in keeping with the suburban  neighborhood of the Highlands which it borders. Jefferson Place is just steps away from all the shopping and dining that downtown White Plains has to offer.

Just across the street on the Mamaroneck Ave. side there is plenty of fine dining, take out and retail – all within easy walking distance of the complex. The heart of the downtown with all it has to offer is just a stroll down the street. Walk to almost everything: Shopping entertainment, fine dining and so much more. Walk score is 92 out of 100 – making it a “walkers paradise.”

For more still photos of this wonderful unit please click here.

This Luxury 1 BR/Home Office Unit Offers:

• Over 900 s.f.
• Separate home office area.
• Excellent living space with a great layout.
• Hardwood floors.
• Modern granite kitchen & baths.
• Private laundry in unit.
• Walk-in-closets –  ample storage.

Jefferson Place Amenities:

Jefferson Place is well-known for the amenities in its common space. It offers luxury touches that are generally only  found in condo complexes with far higher price points. These include:

• 24 hour doorman.
• Indoor parking
• Club Room.
• Media Center.
• State-of-the-art gym.
• Business and conference center.
• Central AC.

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Find out your home’s Walk Score:

Cost of living:

* Current Listing Price: $389,900.
* Property Taxes: $4635 without STAR.
* STAR Savings:  $1525.
* Monthly Common Charges/Fees: $483.
* Monthly Mortgage: $1772*
* Gross Outlay: $2514.

Net Outlay After Taxes:

$2044/month**

* Conservative estimate includes FULL list price. Also assumes conservative 5.5% 30 year fixed rate loan with 20% down payment. Includes STAR savings.
** Assumes 28% marginal tax rate and fixed rate loan sighted above.

© 2010 Ruthmarie G. Hicks, http://thewestchesterview.com. All rights reserved.

Note the newly reduced in price! Initially $474,900 now $469,000. This unit is the most competitively priced 2 BR unit at Jefferson Place. The sellers are serious and are inviting serious offers.

Jefferson Place:

300 Mamaroneck Ave & 31 Greenridge Ave. White Plains, NY 10605:

The Residences at Jefferson place is a large condo complex in downtown White Plains in the coveted 10605 zip code. The complex spans on square block between Livingston Ave. and Rutherford Ave. in White Plains, NY with units on 300 Mamaroneck Ave. and 31 Greenridge Ave. The side facing Mamaroneck Ave. is an eight-story urban mid-rise with a sophisticated brick façade. Jefferson Place is just steps away from all the shopping and dining that downtown White Plains has to offer. The other side of the complex on Greenridge Ave. gives a bow to the suburban neighborhood of the Highlands that it borders.

Just across the street on the Mamaroneck Ave. side there is plenty of fine dining, take out and retail – all within easy walking distance of the complex. The heart of the downtown with all it has to offer is just a stroll down the street. Walk to almost everything: Shopping entertainment, fine dining and so much more. Walk score is 89 out of 100.

For additional still photos of this unit, follow this link.

Jefferson Place Amenities:

Jefferson Place is known for its amenities. It offers luxury touches found in condo complexes with much higher price points. These include:

• 24 hour doorman.
• Indoor parking – this unit has a prime assigned spot.
• Club Room.
• Media Center.
• State-of-the-art gym.
• Business and conference center.
• Central AC.

This Luxury 2 BR/2BA Unit

• Over 1100 s.f.
• Private end unit with great views.
• Large bay window with city panorama.
• Hardwood floors.
• Modern granite kitchen & baths.
• Walk-in-closets – LOTS of storage.
• Full-sized laundry in unit.

This is a terrific unit and its the location in the complex that makes it special. The views are excellent throughout. It is an end-unit with plenty of cross -ventilation and unencumbered views. The large bay window keeps everything bright and sunny. The location is very private as well.

COST OF LIVING:

• Current Listing Price: $469,000.
• Property Taxes: $7087.32 without STAR.
• STAR Savings: $1675.02.
• Monthly Common Charges: $552.07.
• Monthly Mortgage: $2130.34.*
• Gross Outlay: $3,133.44.

Net Outlay After Taxes:
$2,528.59/month**

* Conservative estimate includes FULL list price. Also assumes conservative 5.5% 30 year fixed rate loan with 20% down payment. Includes STAR savings.
** Assumes 28% marginal tax rate and fixed rate loan sighted above.

© 2009 Ruthmarie Garcia Hicks. http://thewestchesterview .com All rights reserved.

Just across the street on the Mamaroneck Ave. sid e there is plenty of fine dining, take out and retail – all within easy walking distance of the complex. Iannelli’s , a local Italian favorite is directly across from the Mamaroneck Ave. side. Going to either the Westchester Mall, Fortunoff, Whole Foods or the Cheesecake factory it is easy to leave the car behind and take a short walk.

Built in 2005, this complex offers state-of-the-art luxury. As such, it is no bargain. But it offers convenience, luxury and perks at a lower price than can be had at the Ritz Carlton or Trump. Among other things, Jefferson Place offers on-site parking (you can buy an extra space), laundry in each unit, central air conditioning, a 24-hour concierge, a workout room with state-of-the-art equipment, a media room and a business center. The units are beautifully appointed with granite countertops, and stainless steel appliances, luxurious master suites and more than ample closet space. The living room areas sport hard-wood floors with carpeting for the bedrooms.

The unit:

This particular unit is on the Mamaroneck Ave. side of the complex and boasts views of downtown White Plains. Bright and sunny, this 750 sq.ft. unit has all the amenities that Jefferson Place is famous for. Gleaming hardwood floors in the living area, granite in the kitchen and bath a spa-sized bathroom along with walk in closets all contribute to the feel of luxury. Built in late 2005, the complex is 3.5 years young. The appliances are in nearly new condition as is everything else in the unit.

Vital Statistics:

1BR/1BA, 750 sq.ft.

Asking Price: $370,000

Monthly maintenance: $381.48

Yearly taxes: $4821.17 – $1675.02 (STAR savings) = $3146.15

Total Monthly outlay excluding mortgage: $643.66

For additional Still Photos of Jefferson Place and this unit – view the photo-set of this unit on Flickr.

The Cost of Living:

The unit is listed for $350,000. Assuming a 20% downpayment along with a 5.25% loan would create a monthly mortgage payment of $1634.00 and $683 for maintenance and mortgage when you include STAR savings. After tax deductions – the outlay amounts to roughly $1800 a month – which is highly competitive with local rentals.

Pet-Friendly Condo:

The Complex allows all dogs up to 60 lbs. – making it a very pet-friendly complex.

© 2009 http://thewestchesterview.com All rights reserved.